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Downtown Albany Corner Retail Space
For Lease
$11 SF/Yr

61 N Pearl Street, Albany, NY 12207

Retail space with bar and kitchen in downtown Albany.

Space SizeContact for details
Days on Market143

Property Features for 61 N Pearl Street

General Information

Standard status Active
Property subtype Commercial

Taxes and HOA fees

Annual Taxes $44,680

Amenities

Central air
Central Air Cooling
Forced Air Heating
Natural Gas Heating
Rubber Roof

Building Details

Year Built 1800
Listing Agency: CARROW REAL ESTATE SERVICES LLC
Listed By: KYLE J BRADLEY · License #10401359503
Source: Corcoran
Added: Apr 2 Changed: Aug 21 Last Checked: Aug 21 at 9:00AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of CARROW REAL ESTATE SERVICES LLC

Investment Insights

Based on property information with market context.

This property offers approximately 7,100 square feet of retail space, currently configured with a full bar and commercial kitchen. It features a hood Ansul system, a partially equipped kitchen, two walk-in coolers, a large bar, and gated outdoor dining along Steuben Street. The property is situated on the corner of North Pearl Street and Steuben Street in downtown Albany, offering high visibility. The location is surrounded by government offices, businesses, and a strong residential population. It is easily accessible from I-787. The property is suitable for use as a bar, pub, restaurant, commercial kitchen, or general retail space.

Key Highlights

  • Prime downtown Albany corner location with high visibility.
  • +/- 7,100 sf of retail space with existing bar and commercial kitchen build‑out.
  • Includes a Hood Ansul system, partially equipped kitchen, and two walk‑in coolers.

Property Analytics

Current Use

44 James Apartment Complex Paint and Pour Up ... Hotel & Motel

Suggested Use

Top Pick Skin Care Clinic Pet Grooming Service Carpet & Flooring Store (Bike/Boat/Book/etc) Store Garden Center Butcher

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

NNN (Triple Net)
Lease Type
$1.65 /SF/Yr
CAM

Location Intelligence

Trade Area within ½ mile

3,787
Businesses Nearby
21k
Monthly Visits Nearby
Well-served
Demand for This Use

Foot Traffic Nearby

Hotels & Casinos 64% Shops & Services 26% Electronics 9%
Renaissance Albany Hotel Hotels & Casinos
6,703 visits/mo 0.2 miles
Sunoco Shops & Services
5,588 visits/mo 0.4 miles
Hampton Inn & Suites Albany Downtown Hotels & Casinos
4,856 visits/mo 0.1 miles
Hyatt Place Hotels & Casinos
2,110 visits/mo 0.3 miles
Boost Mobile Electronics
2,019 visits/mo 0.4 miles

Demographics for 12207, NY

2,399
Population
1,553
Households
1.5
Avg Household Size
37
Median Age
36%
College-Educated
90%
High-School Grad
1.0 sq mi
ZIP Area
2,399
Density / Sq Mi
$32,418
Median Household Income
$49,531
Median Earnings
$689
Median Rent
$242,500
Median Home Value

Market

Vacancy Rate% for Retail in Albany, NY

5.4% 2020
4.8% 2021
5.5% 2022
4.7% 2023
5.5% 2024
5.8% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Similar Off Market Nearby

  • Lia Lounge at MVP Arena 51 S Pearl St, Albany, NY 12207
  • Derailed Bar And Grill 700 East St, Rensselaer, NY 12144
  • Bull and Bee: Meadery & Tasting Room 140 Hamilton St, Albany, NY 12207
  • The Excelsior Pub 54 Philip St, Albany, NY 12207
  • Loch & Quay 414 Broadway, Albany, NY 12207

Frequently Asked Questions

What type of property is this?
Bar & Pub - Retail space with bar and kitchen in downtown Albany.
Where is this bar & pub located?
The property is located at 61 N Pearl Street Albany, NY.
What is the lease rate?
The lease rate is $11 SF/Yr.
What are key features of this property?
This property features: Prime downtown Albany corner location with high visibility.; +/- 7,100 sf of retail space with existing bar and commercial kitchen build‑out.; Includes a Hood Ansul system, partially equipped kitchen, and two walk‑in coolers.
More about this property
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